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Business & Municipal Banking Rates

Business Savings

Effective as of November 30, 2016

  Interest Rate APY
Platinum Blue High Yield Business Savings 1.00% 1.00%
Premium Business Savings    
Balances of $500,000.00 or more 0.45% 0.45%
Balances of $100,000.00 to $499,999.99 0.70% 0.70%
Balances of $75,000.00 to $99,999.99 0.30% 0.30%
Balances of $25,000.00 to $74,999.99 0.20% 0.20%
Balances up to $24,999.99 0.15% 0.15%
BluePrint Relationship Business Savings    
Balances of $1,000,000.01 to $2,000,000.00 0.75% 0.75%
Balances up to $1,000,000.00 1.00% 1.00%

PlatinumBlue High Yield Savings Disclosure

  • Annual Percentage Yield (APY) is based on interest compounding continuously
  • The PlatinumBlue High Yield Savings is a variable rate account
  • The rate may change after the account is opened
  • The minimum balance to open the PlatinumBlue High Yield Savings is $10.00
  • Maximum Balance Allowed $200,000.00
  • An average Daily Balance of $20,0000 in a PlatinumBlue Business Checking account is required to earn the stated APY.

Premium Business Savings Disclosures

  • Annual Percentage Yield (APY) is based on interest compounding continuously
  • The Premium Rate Savings is a variable rate account
  • The rate may change after the account is opened
  • The minimum balance to open the Premium Rate Savings is $25,000.00
  • Fees may reduce earnings on the account
  • Maximum Balance Allowed $750,000.00

BluePrint Relationship Business Savings Disclosures

  • Annual Percentate Yield (APY) is compounded continuously
  • The BluePrint Relationship Business Savings account is a variable rate account
  • The rate may change after account is opened
  • The PlatinumBlue Business checking or Premium Business Checking Account is required to open a BluePrint Savings Account. The minimum average daily balance required in the checking account to obtain the BluePrint Savings APY is $250,000.00
  • If balance criteria is not met, rate on BluePrint Savings will drop to .60% APY
  • Maximum balance allowed is $2,000,000.00

Business Checking

Effective as of November 30, 2016

 Business Blue with Interest Checking Interest Rates APY
Balances $1.00 to $10,000.00 1.00% 1.00%
Balances of $10,000.01 to $25,000.00 1.98% 2.00%
Balances over $25,000.01 0.00% 0.00%
IOLTA 0.15% 0.15%

Business Blue with Interest Checking Disclosures

  • A Business Blue Checking with Interest account is considered active when a combination of 10 of the following eligible transactions are completed.
  • Eligible transactions include debit card POS (pinned or signature) transactions that post and settle during the statement cycle, ATM transactions, automatic ACH withdrawal, third party cleared check
  • A $2.50 monthly service charge will apply to this account
  • The Business Blue Checking with Interest account provides for 250 transactions, each transaction over 250 is an additional $.50 each
  • Rate is variable and subject to change without notice
  • The minimum deposit required to open this account is $100.00

 

Municipal Savings Rates

Effective as of November 30, 2016

 Multi-Tiered Municipal Savings Account Interest Rate APY
Balances up to $5,000,000.00 0.60% 0.60%
Balances of $5,000,000.01 to $10,000,000.00 0.75% 0.75%
Balances of $10,000,000.01 and over 0.45% 0.45%

Municipal CD Rates

Effective as of November 30, 2016

Term Interest Rate APY
6 month 0.55% 0.55%
9 month 0.65% 0.65%
12 month 0.90% 0.90%

Municipal Rates Disclosure

  • Annual Percentage Yield (APY) is based on interest compounded monthly
  • The Municipal Savings is a variable rate account
  • The minimum balance to open a Municipal Savings is $25,000.00
  • Rates may change after account opening

Contact our professional business banking team to discuss our business banking rates further. We are here to help and are more than happy to help you with your business banking needs. Stop in to one of our local branch locations near you to get started today.

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